Federal Freight

Federal Freight
Joint-stock company
Founded 2010
Headquarters Ekaterinburg
Owner Russian Railways (100%)[1]
Website Official website Edit this at Wikidata

The Federal Freight (Russian: Федеральная грузовая компания) is a railway business established in Russia by Russian Railways, as part of plans to open up the rail transport market in Russia.[2][3] A fleet of 180 thousand freight wagons will be transferred to the new company from RZD. It will have a share capital of 46.4 billion rubles.[4] The company is headquartered in Ekaterinburg.

Services began on 1 October 2010. Plans include fleet expansion - to approximately 200,000 freight wagons - and aggressive pricing to increase market share.[5]

References

  1. ↑ "Список аффилированных лиц". e-disclosure.ru. Retrieved 26 August 2017.
  2. ↑ "The Second Freight is starting as scheduled". 2 August 2010. Retrieved 14 August 2011.
  3. ↑ "Second Freight Company sets out spending plans - International Railway Journal". International Railway Journal. 2010-09-10. Retrieved 14 August 2011.
  4. ↑ "VIEW / Board of Directors approved the establishment of the Second Railways Freight Company". 26 August 2010. Retrieved 14 August 2011.
  5. ↑ "Russia Sees Cut Price Rail Freight Company Formed". Handy Shipping Guide. 6 September 2010. Retrieved 14 August 2011.
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